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-   -   Selling my car, need opinons (http://forums.mustangworks.com/showthread.php?t=26173)

RPM427 07-14-2002 04:06 PM

Selling my car, need opinons
 
I am selling my 89 GT.

Can anyone suggest an asking price?

Here is the condition:

110,000 miles

Exterior Condition:
Body: Flawless
Paint: Dull / Chipped / Scratched
Trim: No Defects
Glass: No Defects, tinted
Lights / Lenses: Brand new, clear corner markers
Rust: Minor
Hail Damage: None

Interior Condition:
Upholstery: Clean
Carpet: Stained
Interior Panels: Clean
Odor/Smoke / Mold: None
Air Conditioning: Working Condition
Power Accessories or Instruments: All Operate

Mechanical Condition:
Engine: Operates: No Leaks / Noises
Transmission: Some Minor Noises / Seepage, new Ram clutch
Steering: Loose / Noises
Suspension: Unaltered and Trouble Free
Frame / Unibody: Straight, steeda sub frame conectors
Brakes: Not Worn over 50% life
Tires: Some Wear & All Match

I am being very honest, car is not perfect but engine is. How much should I get for this car? Starting price?

Thank you!!

sn95gt19 07-14-2002 04:29 PM

if its stock i would go for 6,000, or 7,000 as a starting asking price, then go down from there

RPM427 07-14-2002 05:38 PM

Thats way too much, I am selling a white 89, not the one pictured in my profile. It has 110,000 miles and a crappy paint job.

RPM427 07-14-2002 05:55 PM

1 Attachment(s)
I just took a few pics to show you guy/gals what i have to work with. Keep in mind I haven't washed/cleaned it in over a year, but I will detail it before I sell.

RPM427 07-14-2002 05:56 PM

1 Attachment(s)
Back

RPM427 07-14-2002 05:58 PM

1 Attachment(s)
interior

RPM427 07-14-2002 05:59 PM

1 Attachment(s)
engine

RPM427 07-14-2002 06:00 PM

1 Attachment(s)
side view

MidNiteBlu 5.0 07-14-2002 10:15 PM

Hey man I have a question for ya. Hpw did you make it so the speakers on the doors are exposed with the speaker grills? I was thinking of doing this for mine since it will probably look alot better than the stock ones. Thanks :)

Later,
Nick

82 GT 07-14-2002 10:18 PM

I would say to start at about $3200 and go from there.

82 GT 07-14-2002 10:22 PM

speakers in doors
 
Midniteblu , It's not that hard to do. I installed 6.5 inch Clarion door speakers in my '88GT. All I had to do was drill new mounting holes and they fit right in. At first I thought they would interfere with the power windows but I have just enough room.

Mach 1 07-15-2002 12:39 PM

That car is worth about $1500.00, maybe a few hundred more or less depending on the exact mechanical conditon.

I dont know where these others are getting thier numbers from?

zepherman 07-15-2002 01:18 PM

$2400-$2000

Mr 5 0 07-15-2002 01:35 PM

Going, going...gone!
 
I would ask $2500. and not take much less than $2200. unless you get desperate.

The book value is about $2,000. on your '89 but this is a 13-year-old car, a Mustang V-8, and a lot of the price you get revolves around how scarce they are in your area and how badly a potential buyer wants one. Book value matters mostly when you trade or sell it to a dealer.

Lots of younger guys with small budgets drool over an affordable Mustang V-8 with a stick shift in decent condition and 110,000 miles isn't the end of the road for a 5.0 by any means (my '90 LX has 118,000 and runs mint - and I was offered $4,000).

I wouldn't ask a dime less than $2,500. Take no less than $2,000. and only as a rock bottom-no takers-desperation price.

RPM427 07-15-2002 02:08 PM

I'm probably going to ask 3k. I am in no rush to sell it. I will just wait for the right sucker, er I mean buyer. ;)

It has some serious history. By the looks of the floor, it seems like it was in a flood or had water sitting in the area behind the front pass seat. I had to weld a new floor pan in.
If you were to do any interior work, you can tell its been gutted and installed again. The panels don't line up perfectly and the screw holes have been enlarged/stripped. it also was in a few accidents. The 5 mph front bumper is collapsed and the fog light support was bent in. The guy before me smeared bondo over all the rust spots and did a crappy paint job. its been painted at least 2 times. The different shades are visable under where the airbox used to be. The engine bay was painted flat black after the first paint job. All this happened before I bought the car.

The engine is perfect and the tranny is fine. Runs great.

Mach 1 07-15-2002 03:24 PM

The book value for a private seller to expect in "average condition" was $1700.00 with my sources.

Sounds like the car is in rough shape, so I dont think $1500 is a bad price to get.

But some kid who wants a stang with a 5.0 and who doesnt have a clue yet could very likely pay you more for it.

Good luck, but dont expect miracles. If you want to sell it, price it correctly. If you dont care, price it high...you have nothing to lose..if it dont sell because priced to high.. you keep it, if it does sell, you made some extra money.

82 GT 07-15-2002 03:40 PM

Quote:

Originally posted by Mach 1
That car is worth about $1500.00, maybe a few hundred more or less depending on the exact mechanical conditon.

I dont know where these others are getting thier numbers from?

I don't know where YOU are getting your numbers from?
You have to ask a little bit higher to allow room for negotiation.
An asking price of $3200 will leave plenty of room for him to get a fair price.
A $1500 asking price would just be plain ignorant.

RPM427 07-15-2002 03:43 PM

I'm going to ask 3.2k and see what kind of reaction I get. I am in no rush.

82 GT 07-15-2002 03:55 PM

Hey, let us know what you end up getting for it. I bet it's more than $1500(LOL)

Sonics2042 07-15-2002 05:22 PM

He could part it out for way more than 1500...I would say around 2.7 to 3k I think.

Thanks,
DoranW


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